December 17, 2015

Hope fades for 19 trapped coal miners in China

The site remained on fire on Thursday and the temperature inside the mine “could have reached 1,000 degrees” Celsius (over 1,600 Fahrenheit), according to rescue workers.

December 17, 2015

TransCanada’s Energy East pipeline costs up 30 pct to $15.7bn

The firm has filed an amended application, which makes nearly 700 changes to the route in response to concerns about environmentally sensitive areas.

December 17, 2015

Aussie coal mine sold by Vale for $1 to reopen next year

Stanmore Coal said it would employ 150 workers when the mine reopens in 2016; half the workforce in place when it closed last year.

December 17, 2015

Cameco limits underground mining at Rabbit Lake after rock fall

While the company suspended production at Eagle Point, it said the Rabbit Lake mill continued operating as usual.

December 17, 2015

Goldman forecasts even more pain for iron ore

The bank says prices will remain under $40 a ton for the next three years as China’s slowdown forces the sector into a long period of hibernation.

December 17, 2015

This is the 106-carat diamond Alrosa unearthed from its Jubilee pipe

The stone, described as being of "4 Black Sawables 2 colour" quality with an octahedral shape, was extracted by the company's business unit, Aikhal Mining and Processing Division (MPD).

December 16, 2015

Myanmar’s jade trade turns frantic

Using heavy earth-excavators and explosives, miners have been tearing into Myanmar’s northern hills in recent months, before a new government takes office next year.

December 16, 2015

Rio Tinto bets on lithium as Tesla yet to sign major supply deal

The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.

December 16, 2015

Joy Global swings to loss, cuts dividend

The mining equipment maker said business conditions continue to be tough mostly due to a slower-than-expected recovery in the global economy and weak commodity prices.

December 16, 2015

Aussie court clears way for $12bn Carmichael coal mine

With the ruling, the massive Carmichael coal mine and rail project has moved one step closer to final approval.